jeudi 22 août 2013

Alibaba, the Chinese e-commerce

Revolution of e-commerce

This is its biggest competitor of Baidu
known in the moment and also one of the stars of the Chinese web. Alibaba selling
online has revolutionized the Chinese economy. More powerful than eBay and
Amazon combined, Alibaba, the Chinese giant e-commerce feels grow wings and
suggests an IPO on Wall Street. "We are ready," said Jack Ma, the
charismatic founder. In March, the magazine "The Economist" Alibaba
regarded "as the largest private employer and largest bazaar in the
world."

500 million users

In the “cave” of Alibaba, there is
everything. In 2003, Alibaba expands its customer base and began its
diversification. It gives birth to Taobao, a platform for young amateur sellers
on the model of the U.S. eBay. Its ease of use, lack of commission, low management
fees and the abundance of goods available (800 million products listed) has
changed the lives of Chinese consumers. Taobao currently has 500 million
registered users, who now prefer online shopping. Taobao is the fourth most
visited site in the world. Another site, Tmall, created in 2008, the site
connects professional traders with regular customers.

An important database

Alibaba reported last year more
transactions together eBay and Amazon! Every month buy or sell 50 billion yuan
of goods. If the three trading platforms Alibaba are so successful is because
the company has, since 2004, its own means of payment, Alipay. The group has a
single stock purchase information of its users. Alibaba give example to its
loyal customers, vendors, low-interest loans usually repaid within a week once
the goods passed. For two years, the company also develops its own operating
system for smartphone

Wall Street is not a dream. It is a
goal. But to reassure the American Stock Exchange, Alibaba will ensure its international
reputation, cleaning among its "dishonest" sellers and guarantee the
quality of its products....

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